I feel that I am currently being underpaid (so does my colleagues). I also feel that the learning curve has stopped. Also, increment for this financial year is pending. So considering being underpaid and looking for an increase, I targeted 65-80 % hike, although I have only a short span of experience (~ 1 year).
I got selected for a job, with similar responsibilities, and put forward and intention of 60% increase (considering how my interviews went, company history, etc.). Now I have received and offer of only 33% which I feel is much less than what I am capable of. I also talked to them, but they refused to increase the offer (It seemed like a bad decision since the HR almost came as rude.). I talked to my friends at other companies and it seems it is industry standard that the next company pays you on the basis of current salary.
My question is how to get out of this situation and get aleast 80 % increment?
I feel that my options are:
- Accept the offer now and make a another switch in 3-4 months.
- Reject the offer and wait and work for another offer in my self-evaluation range.
- Use the offer as bargaining with my current employer (I am pretty sure that my increment will be much less that the current offer!) and then start looking for another job. Seems unethical
- Get another degree in the field and start over.No guarantee and do not want to pursue.
Are there any other option ? If not, which is better?
Additional info: The question is respect to Indian job market where 10% annual hike is normal and I expect my current employer to give me hike in somewhere around that.